Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment

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Property And Equipment
9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

 

    September 30, 2015   December 31, 2014
Equipment   $ 130,755     $ 106,861  
Furniture & fixtures     71,184       3,964  
Leasehold improvements     347,518       274,637  
      549,457       385,462  
Less: accumulated depreciation and amortization     (297,471 )     (230,212 )
   Property and Equipment, Net   $ 251,986     $ 155,250  

 

Depreciation and amortization expense for the three months ended September 30, 2015 and 2014 was $25,185 and $17,997 and for the nine months ended September 30, 2015 and 2014 was $67,259 and, $54,129, respectively.